CUET Accountancy - Calculate Average Payment Period. | PYQs + Solutions

CUET Accountancy

Financial Statements

Easy

123 days

121 days

132 days

133 days

✅ Correct Option: 1

Related questions:

13 May Shift 1

If, Total assets = Rs. 3,00,000

Non-current liabilities = Rs. 80,000

Shareholders fund = Rs. 2,00,000

Non-current assets:

Fixed assets = Rs. 1,60,000

Non-current investments = Rs. 1,00,000.

Then, Current Ratio is:

15 May Shift 1

Gross profit ratio of a company was 25%, its credit revenue from operations was Rs. 20,00,000 and its cash revenue from operations was 20% of the total revenue from operations. If the indirect expenses of the company was Rs. 50,000. Calculate its net profit.

24 May Shift 1

A trader carries an average inventory of Rs. 60,000. His inventory turnover ratio is 12 times. If he sells goods at a profit of 20% on revenue from operations, find out the gross profit.

CUET Accountancy PYQs

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